With 466 of the S&P 500 having reported third-quarter '19 earnings, the earnings season officially ends this coming week when Cisco (CSCO) and Walmart (WMT) report their respective October '19 quarters.
The big news this past week was the jump in the 10-year Treasury yield to close Friday, November 8th, 2019 at 1.93%. The 10-year Treasury has been trading above its 50-day moving average since October 10th, after trading below it since mid-November '18.
We've been hearing about recession worries non-stop for 15 months, maybe the Treasury market is telling us this worry has passed.